Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,586$19,032 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Androscoggin County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Androscoggin County, ME
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,140 | $13,680 | $45,600 | $21.92/hr |
| 1-Bedroom Apartment | $1,218 | $14,616 | $48,720 | $23.42/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,586 | $19,032 | $63,440 | $30.50/hr |
| 3-Bedroom Home | $2,050 | $24,600 | $82,000 | $39.42/hr |
| 4-Bedroom Home | $2,305 | $27,660 | $92,200 | $44.33/hr |
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Frequently Asked Questions About Rent in Androscoggin County, ME
What is the Fair Market Rent for a 2-bedroom in Androscoggin County, ME?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Androscoggin County, ME is $1,586 per month ($19,032 per year).
What hourly wage is needed to afford rent in Androscoggin County, ME?
To comfortably afford a 2-bedroom apartment at $1,586/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $30.50 per hour ($63,440/year).
What are the HUD Fair Market Rents by bedroom count in Androscoggin County, ME?
Official 2026 HUD rents in Androscoggin County, ME are: Studio: $1,140/mo, 1-Bedroom: $1,218/mo, 2-Bedroom: $1,586/mo, 3-Bedroom: $2,050/mo, and 4-Bedroom: $2,305/mo.
How do HUD Fair Market Rents compare to local incomes in Androscoggin County, ME?
At the local Census ACS median household income of $67,873/year ($5,656/month), the benchmark 2-bedroom Fair Market Rent represents 28% of monthly income.
How is the 30% housing affordability standard calculated in Androscoggin County, ME?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,586/month, the required minimum annual gross income is calculated as ($1,586 × 12) ÷ 0.30 = $63,440 per year.